Blue Star's Q3 2024 financial results - InvestNagar

Blue Star's Q3 2024 financial results

Blue Star's Q3 2024 financial results - InvestNagar


Blue Star's Q3 2024 financial results show strong performance, beating market expectations. The company reported a consolidated net profit of Rs 1 billion, a sharp increase from Rs 584 million a year ago, beating an estimate of Rs 84 crore In terms of EBITDA, Q3 saw a sharp increase to Rs 1.55 billion if compared to Rs 1.05 billion year-on-year a -on-year, against an estimated Rs 1.45 billion Despite the higher run, Q3 showed improvement in EBITDA margin, which stood at 6.93% at 5.89% YoY and exceeded the estimated 6.80% on. Blue Star's impressive financial performance in the third quarter reinforces its position as a key player in the sector, and demonstrates efficient operational management and strategic decision-making.


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